


We are proud to announce that Diane Sorensen, Ryan Lickfelt, and Traci Atkinson have recently joined us as sales agents. As you might remembert, Diane and Ryan worked for us previously and we are pleased to welcome them back.
All of these agents have been in the real estate business for many years and bring with them extensive knowledge and experience.
The addition of these three agents helps us in achieving our goals as well as helping us to continue to give the best possible customer service to the buyers and sellers that we serve in the Hutchinson and surrounding area.

Spring has always been my favorite season in Hutchinson, MN. It starts with the Crow River opening up, the beautiful spring flowers begin to bloom, and the trees start to bud out. Along with all of nature’s signs of spring, the real estate market also begins to come alive.
We are seeing many home buyers making decisions about purchasing their new homes and are getting good prices on these homes. The relatively low interest rates also make the home buying decision a good one at this time.
Even though the prices are not as strong for the sellers, they are happy that homes are selling. There seems to be more confidence in the overall economy.
So, I’m happy to report that there are New Signs of Spring.
I rarely watch the news, but earlier this week, I turned it on. Much to my dismay, I sat there listening to one of the news anchors talking about how bad the real estate market is and how much worse it will get when the tax credit stimulus is over at the end of next month!
I thought, “are you kidding?” First of all the real estate market (here in Hutchinson, MN) is so much better than it has been for the last couple of years, and the tax credit stimulus ended on April 30, 2010! (Anyone expecting to participate in the tax credit needed to be entered into a purchase agreement by 4/30/10.)
So, in a matter of a few minutes, I remembered why I don’t watch the news. The information they are giving isn’t always correct!
Many investors today are searching out property that has been foreclosed on in the Hutchinson, MN area. They are finding some really good values on properties, that with a little work can be turned around and sold for a profit.
There is one warning that buyers of foreclosed properties should be aware of. In the contracts that these buyers sign with the sellers (ususally mortgage companies), there is a clause that says that the “servicing company” has the right to step in and buy the property any time prior to closing.
This doesn’t happen real often, but it is happening. When the “servicing company” comes in and exercises their option to purchase the property, the investor/buyer is out any money they have spent to that point. This includes any inspection fees, appraisal fees, etc.
So, just a little warning to investors/buyers that are purchasing foreclosed property. Read the papers you are signing so there are no surprises!
Now that the school year has ended here in Hutchinson, MN, there are so many things for you and your family to enjoy.
Music in the Park begins next week and features different performers each week. Bring your blanket and lawn chairs to library square each Monday night to take it all in.
The walking trail along the whole north side of the Crow River features a great place to walk, run, bicycle, etc. for the entire family. Stop along the way and enjoy the ducks, geese, pelicans, deer, etc. in the Gopher Campfire sponsored sanctuary.
The Hutchinson Area Chamber of Commerce has a good listing of all the activities that take place throughout Hutchinson, so visit their website at
“explorehutchinson.com.”
Spend time enjoying all that Hutchinson, MN has to offer.